Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Month: February 2024
S&P 500, Dow close slightly up; Nvidia gains after the bell
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and Dow Jones industrials eked out small gains on Wednesday,…
Morgan Stanley forced Frasers off books with $1 billion margin call, court told
By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call to force trades…
Icahn Enterprises warns of drop in asset value, names insider Teno CEO
(Reuters) -Icahn Enterprises on Wednesday warned of a sequential decline in its indicative net asset value in the fourth quarter,…
Capital One-Discover deal adds rival to Visa and Mastercard, easing antitrust concerns
By Niket Nishant, Manya Saini and Carolina Mandl (Reuters) -Capital One Financial’s $35.3 billion deal for Discover Financial would create…
Nvidia dethrones Tesla as Wall Street’s most traded stock
By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its…
Tesla faces rejection from locals for plans to expand German site
BERLIN (Reuters) – Tesla’s ambitions to expand its German plant hit a roadblock when citizens voted against a motion to…
Neuralink’s first human patient able to control mouse through thinking, Musk says
(Reuters) – The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered and is able…
Capital One to buy Discover Financial in $35.3 billion all-stock deal
By Anirban Sen and Michelle Price NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S.…
Eli Lilly, Novo Nordisk get growth stock status on weight-loss drug boost
(Repeats Feb 16 story with no changes to text) By Medha Singh and Manas Mishra (Reuters) – U.S.-based Eli Lilly…